Wells Fargo launches internal proxy voting service

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AI Summary

Wells Fargo's investment management arm launches a proprietary proxy voting service; second major asset manager to do so.

Texas Relevance

The article does not explicitly mention Texas, TX, TCUD, or any Texas-specific entities. It is focused on a national banking trend.

Original Content

The bank’s investment management arm becomes the second major asset manager to ditch third-party proxy advisory firms for a proprietary service.